What is the value of investment now

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Question 1: Jonathan invested $8,000 eight years ago. The interest rate on his investment changed over time. It was 3% compounded semiannually for the first three years, 5% compounded quarterly for the next two years, and 12% continuously compounded over the last 3 years. compounded continuously. What is the value of his investment now?

Reference no: EM132651070

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